Saturday, June 12, 2021

“Utility worker” scam robs local woman of large sum of money | What's New

On June 8, 2021, Deputy Scott Lanoue responded to a residence in rural Johnson Township in reference to suspicious activity. The elderly homeowner's son told Lanoue that a man dressed as a utility worker recently came to the home and said work would be done in the area.

The homeowner, who was also present, said she was outside doing yard work when the man approached her and talked for some time with her. He eventually left, and the homeowner never saw a vehicle in the area. The man was described as being white, about 5 feet, 8 inches tall, medium build, in his 40s with gray hair.

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Your Money: Protect yourself, and your money, from inflation – Twin Cities

For the last several years, we have been blessed with economic growth combined with relatively low inflation. This benefitted aggressive and conservative investors alike, and it was frankly nice not to have to think about it.

Alas, all good things must come to an end. Between low interest rates, rising debt levels and stimulus packages, we are seeing the beginnings of increased inflation. Fortunately, there are steps you can take to conserve your money from the ravages of inflation. In fact, investing is a powerful tool to do just that.

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Publisher: Twin Cities
Date: 2021-06-12T14:34:20 00:00
Twitter: @pioneerpress
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These money and investing tips can help you with stock and bond strategies to whip inflation -

These money and investing stories, popular with MarketWatch readers over the past week, can help you prepare your portfolio for a period of higher inflation — transitory or not.

The inflation report for May has major implications for the stock market.
Is inflation going higher or lower? We checked with the model that has the best record

Megacap companies boast powerful earnings and deserve their outsized valuation.
The S&P 500 now is top-heavy in 5 big tech stocks but that alone won't end this bull market

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Publisher: MarketWatch
Date: 2021-06-12T16:55:00-04:00
Author: MarketWatch
Twitter: @marketwatch
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Money Matters: Why you should still balance your checkbook in 2021 | | heraldextra.com

But check payments accounted for only 8.3% of core noncash payments in 2018. Writing checks and balancing a checkbook are becoming things of the past, and digital wallets, mobile banking and finance apps are taking over.

But the skill of balancing a checkbook actually still holds a lot of relevance. Today, we might more accurately call it reconciling your bank account. Balancing your checkbook or reconciling your bank account is a way to compare your bank statements with your record of transactions and make sure they match.

Publisher: Daily Herald
Author: Amy Osmond Cook Money Matters
Twitter: @heraldextra
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Springfield festival raises money to help those in need

SPRINGFIELD, Mo. — Those who donated blood to the Community Blood Center of the Ozarks over the past week got discounted tickets to Saturday’s, June 12, Blues Festival.

The money raised at the festival goes to helping people in need through local programs, like Women in Need of the Ozarks and The Rare Breed.

“Anytime you can take music and use it for a good cause it’s a double plus you know,” music performer Jeremiah Johnson said. “We’re glad to see a good crowd out here and a bunch of people and we’re hoping that we were able to help out a lot.”

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Publisher: KOLR - OzarksFirst.com
Date: 2021-06-13T03:39:17 00:00
Author: Bryce Derrickson and Shelby Styron
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10 Best Money Saving Tips According to Experts

This number has not improved much over the past few years, coming in at over 20% since 2016, according to Greg McBride, the chief financial analyst at Bankrate. Some of this is explained by the generation gap, with older households, aged 55 and above, more likely than other age groups to be saving more than 10 percent of their annual income.

In this bleak environment, it has become even more important to save up for the future. As the COVID-19 crisis demonstrated, savings can be a great source of comfort in times of extreme stress. However, smart planning is needed to actively make savings work. Some of the useful tips in this regard are discussed below.

Twitter: @Yahoo
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Top US regulators pledge to seek reforms for money markets – Boston Herald

WASHINGTON — Top regulators pledged Friday to push reforms in a key corner of U.S. financial markets that the Federal Reserve and Treasury had to rush to support after it was roiled during the coronavirus outbreak in the spring of 2020.

Members of the Financial Stability Oversight Council discussed the reforms aimed at the so-called short-term funding markets, which include money market mutual funds holding trillions of dollars.

Federal Reserve Chair Jerome Powell, also a member of the council, said the 2020 crisis was triggered by a "dash for cash" that prompted the Fed to step in with back-up financing to calm the turmoil.

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Publisher: Boston Herald
Date: 2021-06-12T18:45:38 00:00
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How These 11 Gen Z Teens Spend Their Money - The New York Times
Date: 2021-06-11T16:00:13.000Z
Twitter: @nytimes
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Trial, Error and What I Learned About Money in My 20s | Business | islandernews.com

Your 20s are a time of self-exploration, finding your footing as an adult — and likely making some money mistakes. To save you from learning the hard way — and…

To save you from learning the hard way — and pass on some knowledge as I enter my 30s — here are five money lessons from my past decade.

For several years, my main financial goal was to go out as much as I wanted and still have enough money left at the end of the month to cover rent.

Publisher: IslanderNews.com | Locally Owned & Operated
Author: Sean Pyles
Twitter: @IslanderNews
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